Results—1982 UNC Mint ( correction: Souvenir Set) encapsulation
Fraz
Posts: 2,118 ✭✭✭✭✭
My folly:
When @Upgreyyed revealed his VB contents in a thread, I admired his courage to remark on the mediocre experience (I think that was the reaction) and his grace responding to the detractors; and, not only he, but several of you have restrained your ego to inform others. Somewhat of a coward, and awkward, I hope that I can accrue some courage and grace emulating them.
The newcomer who needs to read this, won’t read it, so this relation is entertainment for you all who could have predicted the results.
Result of my submission ATS—no surprises
Cost to encapsulate 1982 uncirculated mint set (in original packaging):
Premium membership $129.00
Additional cost $123.00
Shipping $23.00
Cost of mint set ≈$75.00
Total (12 coin set) $330.00
I figured that the best that I could receive on any of the items would be MS 65.
The mint set came with a hoard of uncirculated mint sets that I bought, and that set is the best item that I had in my mess, hence that choice.
My submissions arrived with two days remaining to use them before expiration.
The individual values of the encapsulated coins are less than what sellers ask for the set in cello—$130.00.
At the start I was clueless, I thought that I would find good candidates from my hoard, that it would be easy. As you all educated me about this in my two years reading these fora, I started to see that I was out of my league.
A couple of things:
It took 16 business days from the time they received the coins. I shipped them on June 22; they posted results on July 17. I forgot to photograph my coins before I submitted them.
- One of the medals dates 1969, the other had no date.
Any comments, knowledge about the dates or lack thereof on mint medals in cello?
Can you add anything that a bobo should have learned from this submission?
Nevertheless, I enjoyed the excitement of waiting, and knowing what you guys go through; and I will be eager to see them in plastic in hand.
I await the results of the four PCGS vouchers. I am sure that the results will not be as good as these.
I am grateful to you for the time you take to post here, especially you who encourage me.
Comments
@Fraz.... Thanks for sharing the results of your submission. Looks typical for mint sets, though admittedly, I have not done a statistical study. Good luck with the remaining items... Cheers, RickO
$330 I spend that much in a casino and have nothing to show for it.
As long as you had fun doing it and learned a little along the way it's not too bad.
Everyone pays a little tuition in this hobby at one time or another.
Remember - ownership is assumed to equal a one point grade increase (not!). We have all made less than stellar decisions. Consider it the cost of your education with this fun hobby.
WS
I'm confused by the cost of the "1982 Mint set". There were no official 1982 Mint sets. Is this a souvenir set from the Mint or another source? $75 seems steep in either case.
Dunno. They’re out there. They ain’t cheap. Neither are the 1983’s. Maybe Official Souvenir Set is the proper description.
I bought ten sets from the eighties at ten bucks a pop, but the batch included the 1982 and 1983 sets. I compared to eBay prices. I do not mind your doubts, jm. Straighten me out.
This is the companion 1983 set; they were packaged the same way with the same medals.
Cool, thanks for sharing.
The set arrived today; 27 days turnaround. FexEx screwed up a signature-required delivery. They texted me the time, then, took it to my neighbor’s house, and let the baby sitter sign her name. I asked him to fetch it back when I saw him leaving without stopping here.
Do the sequential three-number suffixes on the certification indicate that the twelve pieces came as a Treasury issued set?
The grades look remarkably high for souvenir sets. Most of the coins in these sets are very mediocre and will grade MS-64. Souvenir sets are not like the mint sets that are struck by new dies on special presses under higher pressure. Rather they are just better than typical coins coming from the regular production lines. There are a few nice Gems in the sets but only very rarely.
"82 sets tend to grade a little higher because there are no regular mint sets with which they must compete for high grades but these are still very nice grades.
This is really special imo - I have never seen this set and I thought I had then all - super cool…! And high grades too!
Wow 😯